pension

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s Federal benefits news, we await a signature on the final spending bill, get the new rules on weather and safety leave, and learn how the Holman rule could dismantle Federal agencies. We also want to know how big of a bonus you received, and I’ll answer the question ‘could I lose my Federal pension?’.  We'd better get started.

Could I Lose My Federal Pension?

Could I Lose My Federal Pension?

Late last week we learned that former FBI Deputy Director Andrew McCabe was fired by Attorney General Jeff Sessions. Almost immediately, the press began to report that McCabe had lost his pension—something that he had worked towards for more than 20 years. So, here’s a question (several actually) that came to me from a reader. Could I lose my Federal pension?

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s Federal benefits news, we get a lesson on why you should get and keep copies of important documents, learn that some employees can be eligible for exceptions to the rules, and discuss what OPM is doing to reduce health insurance costs. And speaking of health insurance, I’ll answer the question “what happens to my health insurance after I leave Federal service?” Let’s get started.

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s Federal benefits news, we ask why we should care that budget talks are still underway, we get schooled on locality pay and how it's determined, and hear of early legislation to provide a pay raise for 2019. And, is OPM’s Retirement Processing Center preparing for a storm of retirements? Let’s get started.

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s benefits news, we get the details on how to best conduct a RIF, learn that the TSP modified its hardship withdrawal rules for those affected by recent storms, discover the impact that your pension has on your salary if you return to work after retiring, and discuss if there’s a crisis of meaning in Federal service. That’s some heavy stuff, man. Let’s get started.

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s news, we’re talking about Federal employees, Federal Benefits and debt. There are also some useful articles on managing your career in the Trump era, and continuing your Federal Employees Health Benefits Insurance if you leave service. How concerned are you about the prospect of a government shutdown? You can provide your opinion in a short quiz. Lots to read and do, so let’s get started.

Answer These 3 Questions Before Making a Deposit

Answer These 3 Questions Before Making a Deposit

In a previous post, we covered an issue that could potentially cost you tens of thousands of dollars over the course of your retirement.  The issue is getting credit for service that you performed for which a deduction was not taken from your pay. I suggest here that there are three logical questions that you’ll need to answer before deciding if making a deposit makes sense. This is primarily a ‘numbers issue’, so here are the questions . . . 

Weekend Reading on Your Federal Benefits

Weekend Reading on Your Federal Benefits

In this week’s news, one agency decides to give everyone an early retirement offer, someone needs to explain to Congress that your pension has already been paid for, there are 3 things you may not understand about the TSP, and learn how getting credit for non-deduction service could help you to retire sooner and with more money. Let’s get started.